Just because a problem is politically difficult doesn't mean we should compromise on scrutiny. We need to do better.
Could the national energy guarantee reduce wholesale electricity prices by 20% relative to no policy, as the Energy Security Board claims? Whether the claim is justified matters a lot, because the political argument for the Neg rests in large measure on the hope for lower power prices – even if any effect on household power prices would be much smaller than the wholesale price effect.
Read the full article written by Professor Frank Jotzo, Crawford School of Public Policy, ANU, on Guardian Australia's website.